Added by Stats. 2025, Ch. 475, Sec. 1. (AB 290) Effective January 1, 2026.
(a)On or before April 1, 2026, the association shall create an automatic payment system and accept automatic payments for premiums from policyholders.
(b)A policy shall not be canceled or nonrenewed solely because the policyholder is not enrolled in automatic payments.
(c)If a policyholder fails to timely pay any outstanding installment premium, the policyholder shall have a period to pay the outstanding installment premium, in accordance with Section 677.4.
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